171–180 of 798 posts
Earlier quoted context omitted.
Only that Theranos product was techically impossible. Which makes the whole thing even crazier, nobody did even the slightest due dilligence there. Seems to be par of th cours so, other exhibits are FTX and WeWork.
The core FTX crypto exchange business was very profitable. But Alameda wasn't. Also everyone at FTX was committing fraud.
Yeah, the craziest thing for me to come out of this was how everyone in HN just assumed he was "innocent". Poor poor sam altman, he's a victim. He comes across as a sleazebag to me.
I think part of this was also your classic case of tech industry misogyny, too. There has been a lot of thinly veiled sexism in the discussions about Helen and Tasha vs Sam.
Given how the board handled this whole situation like an amateur hour shit show, you will be hard pressed to argue their competence and qualifications in their favor.
Rather, you are doing exactly what you are claiming from others, you’re seeing two unqualified board members, who happen to be women, and defending them because they’re women even though this whole situation displayed the incompetence of the entire board, Helen and Tasha included. The only one taking a sexist position is you.
If the board handled this situation like competent adults who had ever spoken to an attorney, we wouldn’t all be having this conversation in the first place.
> not just common, it’s start-up gospel from Altman’s longtime mentor, venture capitalist Peter Thiel
— according to whom? Is it supposed to be common knowledge? Is this even a helpful parallel?
In comparison, reporting on FT on this same topic is a lot more subdued and matter-of-fact.
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> There is nothing that is a red flag for me in the above story. Elizabeth? Is that you?
If Elizabeth Holmes had been able to pull off some successful product that made a lot of money, no doubt all the "fake it 'til you make it" she did at the beginning (showing demos that didn't work, sending tests to outside labs and saying they were run on their equipment) would have been forgiven no doubt. Just another nostalgic Silicon Valley "hustler" story.
Like Loopt?
Yeah, the craziest thing for me to come out of this was how everyone in HN just assumed he was "innocent". Poor poor sam altman, he's a victim. He comes across as a sleazebag to me.
While I am certain there were people on both sides of that camp, I never saw a overwhelming outpour of people framing him as a victim. Most of what I read was people confused as heck, including myself. What I did see is lots of people wondering how he lied to the board. Almost a week later and we still don't know how he lied to the board. We can all speculate away but there has been zero evidence of wrong doing, what…
Btw, this is the most probable reason right now: https://www.nytimes.com/2023/11/21/technology/openai-altman-...
Earlier quoted context omitted.
This endorsement of Sam from 2011 is actually pretty damning, though it is so long ago if it were the only thing it wouldn't be a huge red flag: >I just saw Sam Altman speak at YCNYC and I was impressed. I have never actually met him or heard him speak before Monday, but one of his stories really stuck out and went something like this: > "We were trying to get a big client for weeks, and they said no and went with a…
This is sort of par for the course in the world of early stage startups. No one wants to be your first customer as it is risky, but you need that first customer. So you "fake it until you make it." It is similar to dressing the part you want - at least when that mattered. You buy more expensive clothes than you should be able to afford so that people think you are more successful than you are, and then they are more…
If that telco would know truth they would most probably cut them out, not due to their size but due to their lies. This is not how trust is built, this is how you lose it very quickly and for good.
Maybe we need to accept that this is expected from all startup owners/ceos. Fine with me too, but its still amoral. We define our own legacy, if we ever care (and these mega egos do care a lot).
Yeah, the craziest thing for me to come out of this was how everyone in HN just assumed he was "innocent". Poor poor sam altman, he's a victim. He comes across as a sleazebag to me.
While I am certain there were people on both sides of that camp, I never saw a overwhelming outpour of people framing him as a victim. Most of what I read was people confused as heck, including myself. What I did see is lots of people wondering how he lied to the board. Almost a week later and we still don't know how he lied to the board. We can all speculate away but there has been zero evidence of wrong doing, what…
Now that he’s back with MSOAI I think we’ve got AGI disaster in 7 years. Thin possibility of good path for humanity. I wish he’d stuck to his guns and gone his own way, no MS, and no OAI. No disrespect to MS, they good, but this path is bad.
Corporations have been acting in this capacity (making massive changes to the ecosystem, human lives, etc) just fine. The corporate "organisms" have caused humans to erect massive projects to shave a few milliseconds from HFT, for example. AI-based decision support tools will just make that process more efficient.